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The minister said that India's economy, in its traditional or modern ways, depends a lot on MSMEs and "we need to be sensitive towards their needs"
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Union Finance and Corporate Minister, Nirmala Sitharaman on Saturday said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get collateral-free loans of upto Rs 100 crore through a new credit assessment model by PSU banks
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Indian MSMEs are unable to raise green bonds from foreign markets due to poor credit rating
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Can India's MSMEs overcome bureaucratic hurdles and other challenges to become competitive players in the global manufacturing landscape, or will they remain trapped in a cycle of unfulfilled potential?
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This share improved by 60 basis points across both scheduled commercial banks (SCBs) and non-banking financial companies (NBFCs) from FY19 to FY24
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As per the think tank, large corporations have the required resources to comply with the new safety standards, it is the small businesses which are facing problems due to their financial, technical and infrastructural constraints
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Underscoring the significance of the financial sector in enhancing the export of the Micro, Small and Medium Enterprises (MSMEs), the Deputy Governor asked for tailored and focused services for MSMEs
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Representatives from all 43 RRBs, centered around improving business performance, upgrading digital services and fostering business growth in rural and MSME clusters, ministry said in a statement
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The number of registrations over the years reflects a robust growth trajectory, with 2.49 crore MSMEs registered in the fiscal year 2023-24 alone
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The cash-intensive sector has an estimated Rs 10.7 lakh crore which is 5.9 per cent of the gross value added (GVA) of Indian businesses is locked up annually as delayed payments from buyers to MSME suppliers, according to a report by D&B and Game
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